Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Poland - 2023

Contents:

  1. Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Poland (CIF) - 2023
  2. Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Poland (FOB) - 2022
  3. Imports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Poland
  4. Exports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Poland

Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Poland (CIF) - 2023

In October 2023, the average import price for wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings amounted to $628 per unit, dropping by -10.2% against the previous month. Overall, the import price, however, showed a mild expansion. The growth pace was the most rapid in May 2023 when the average import price increased by 258% m-o-m. As a result, import price attained the peak level of $995 per unit. From June 2023 to October 2023, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Austria ($3,493 per unit), while the price for China ($114 per unit) was amongst the lowest.

From November 2022 to October 2023, the most notable rate of growth in terms of prices was attained by France (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Poland (FOB) - 2022

In 2022, the average export price for wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings amounted to $351 per unit, increasing by 67% against the previous year. In general, the export price, however, showed a noticeable curtailment. The most prominent rate of growth was recorded in 2013 an increase of 112% against the previous year. Over the period under review, the average export prices attained the maximum at $1,053 per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($526 per unit), while the average price for exports to Germany ($147 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+17.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Poland

In 2022, imports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings into Poland soared to 355K units, rising by 104% on the year before. In general, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings surged to $55M in 2022. Over the period under review, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +21.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +78.9% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 32% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.

Import of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Poland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland18.714.618.722.25.9%
Germany3.19.613.918.481.1%
ItalyN/A0.10.46.6712.4%
Austria3.04.02.83.11.1%
China3.60.50.40.5-48.2%
United Kingdom0.20.40.1N/A-29.3%
Others2.33.16.14.525.1%
Total30.932.242.455.321.4%

Top Suppliers of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding to Poland in 2022:

  1. Germany (173.9K units)
  2. Italy (151.8K units)
  3. Switzerland (7.4K units)
  4. China (5.2K units)
  5. Austria (2.0K units)
  6. United Kingdom (0.4K units)

Exports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Poland

In 2022, approx. 57K units of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings were exported from Poland; with a decrease of -4.8% against 2021 figures. In general, exports, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of 118% against the previous year. As a result, the exports attained the peak of 60K units, and then contracted in the following year.

In value terms, exports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings soared to $20M in 2022. Over the period under review, exports, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 92% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in Poland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy1872091,29410,309280.6%
Germany5,9833,1032,6962,304-27.2%
Cyprus0.91.62,0201,147984.2%
Netherlands11410229289598.7%
Austria1,289299392646-20.6%
Portugal4.92.1871615400.7%
Greece1.83.7543367488.6%
Bulgaria1.40.51.5326515.2%
Spain2551533352874.0%
France12885.926026026.6%
United Kingdom22719310520.7-55.0%
Others3,4032,4173,7962,836-5.9%
Total11,5956,56912,60520,01220.0%

Top Export Markets for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding from Poland in 2022:

  1. Italy (22.4K units)
  2. Germany (15.6K units)
  3. Cyprus (4.0K units)
  4. Netherlands (1.7K units)
  5. Greece (1.6K units)
  6. Austria (1.5K units)
  7. Portugal (1.3K units)
  8. Bulgaria (1.3K units)
  9. France (1.1K units)
  10. Spain (1.1K units)
  11. United Kingdom (0.1K units)

Source: IndexBox Market Intelligence Platform

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